iShares IBoxx $ Invest Grade Corp Bd Fd (LQD) Holdings Boosted by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company raised its stake in iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD) by 0.8% during the 1st quarter, Holdings Channel reports. The firm owned 1,239,559 shares of the exchange traded fund’s stock after acquiring an additional 9,675 shares during the period. The Manufacturers Life Insurance Company’s holdings in iShares IBoxx $ Invest Grade Corp Bd Fd were worth $145,512,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in LQD. Guggenheim Capital LLC grew its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 380.1% during the fourth quarter. Guggenheim Capital LLC now owns 8,966,858 shares of the exchange traded fund’s stock worth $1,090,012,000 after acquiring an additional 7,099,274 shares during the last quarter. Liberty Mutual Group Asset Management Inc. purchased a new position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd during the fourth quarter worth approximately $590,875,000. Schroder Investment Management Group grew its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 2,302.2% during the fourth quarter. Schroder Investment Management Group now owns 1,539,677 shares of the exchange traded fund’s stock worth $187,163,000 after acquiring an additional 1,475,582 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 50.7% during the first quarter. Envestnet Asset Management Inc. now owns 3,645,560 shares of the exchange traded fund’s stock worth $417,695,000 after acquiring an additional 1,227,240 shares during the last quarter. Finally, Fisher Asset Management LLC grew its position in shares of iShares IBoxx $ Invest Grade Corp Bd Fd by 4.7% during the first quarter. Fisher Asset Management LLC now owns 23,674,931 shares of the exchange traded fund’s stock worth $2,779,200,000 after acquiring an additional 1,060,296 shares during the last quarter.

Shares of iShares IBoxx $ Invest Grade Corp Bd Fd opened at $114.40 on Wednesday, according to Marketbeat. iShares IBoxx $ Invest Grade Corp Bd Fd has a 12-month low of $113.72 and a 12-month high of $121.85.

The firm also recently announced a monthly dividend, which was paid on Thursday, June 7th. Stockholders of record on Monday, June 4th were given a dividend of $0.3587 per share. The ex-dividend date of this dividend was Friday, June 1st. This is a positive change from iShares IBoxx $ Invest Grade Corp Bd Fd’s previous monthly dividend of $0.33. This represents a $4.30 dividend on an annualized basis and a dividend yield of 3.76%.

About iShares IBoxx $ Invest Grade Corp Bd Fd

iShares iBoxx $ Investment Grade Corporate Bond ETF (the Fund), formerly iShares iBoxx $ Investment Grade Corporate Bond Fund, is an exchange-traded fund (ETF). The Fund seeks to track the investment results of the Markit iBoxx USD Liquid Investment Grade Index (the Index), which is a rules-based index consisting of liquid, the United States dollar-denominated, investment-grade corporate bonds for sale in the United States.

Want to see what other hedge funds are holding LQD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD).

Institutional Ownership by Quarter for iShares IBoxx $ Invest Grade Corp Bd Fd (NYSEARCA:LQD)

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